Fiscal

BILL Reports Second Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Thursday, February 8, 2024

BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), today announced financial results for the second fiscal quarter ended December 31, 2023.

Key Points: 
  • BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), today announced financial results for the second fiscal quarter ended December 31, 2023.
  • Loss from operations was $67.7 million, compared to a loss from operations of $112.5 million in the second quarter of fiscal 2023.
  • Repurchased approximately 2.7 million shares of BILL common stock in the second quarter for a total cost of approximately $197 million.
  • We are providing the following guidance for the fiscal third quarter ending March 31, 2024 and the full fiscal year ending June 30, 2024.

Capri Holdings Limited Announces Third Quarter Fiscal 2024 Results

Retrieved on: 
Thursday, February 8, 2024

Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the third quarter of Fiscal 2024 ended December 30, 2023.

Key Points: 
  • Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the third quarter of Fiscal 2024 ended December 30, 2023.
  • Management expects inventory levels to remain below prior year in the fourth quarter of fiscal 2024.
  • On an annual basis, Capri Holdings continues to expect to generate strong free cash flow, in line with historical levels.
  • Given the pending merger transaction of Capri Holdings Limited by Tapestry, Inc., the Company does not intend to provide financial guidance.

IBEX Announces Second Quarter of Fiscal Year 2024 Financial Results

Retrieved on: 
Thursday, February 8, 2024

WASHINGTON, Feb. 08, 2024 (GLOBE NEWSWIRE) -- IBEX Limited (“ibex”), a leading provider in global business process outsourcing and end-to-end customer engagement technology solutions, today announced financial results for its second fiscal quarter ended December 31, 2023.

Key Points: 
  • WASHINGTON, Feb. 08, 2024 (GLOBE NEWSWIRE) -- IBEX Limited (“ibex”), a leading provider in global business process outsourcing and end-to-end customer engagement technology solutions, today announced financial results for its second fiscal quarter ended December 31, 2023.
  • Second quarter revenue of $132.6 million declined 4.8% from the prior year quarter.
  • Repurchased 488,803 shares at a total cost of $8.4 million in the second quarter, and a total of 740,346 shares through January 31, 2024 at a total cost of $12.5 million fiscal year to date.
  • IBEX Limited will host a conference call and live webcast to discuss its second quarter of fiscal year 2024 financial results at 4:30 p.m. Eastern Time today, February 8, 2024.

Ralph Lauren Reports Strong Third Quarter Fiscal 2024 Holiday Results Ahead of Expectations

Retrieved on: 
Thursday, February 8, 2024

In the third quarter of Fiscal 2024, revenue increased 6% to $1.9 billion on a reported basis and was up 5% in constant currency.

Key Points: 
  • In the third quarter of Fiscal 2024, revenue increased 6% to $1.9 billion on a reported basis and was up 5% in constant currency.
  • Operating income for the third quarter of Fiscal 2024 was $318 million and operating margin was 16.4% on a reported basis.
  • Net income in the third quarter of Fiscal 2024 was $277 million, or $4.19 per diluted share on a reported basis.
  • To access the conference call, listeners should dial in by 8:45 A.M. Eastern and request to be connected to the Ralph Lauren Third Quarter 2024 conference call.

Enanta Pharmaceuticals Reports Financial Results for its Fiscal First Quarter Ended December 31, 2023 with Webcast and Conference Call Today at 4:30 p.m. ET

Retrieved on: 
Wednesday, February 7, 2024

Enanta Pharmaceuticals, Inc. (NASDAQ:ENTA), a clinical-stage biotechnology company dedicated to creating small molecule drugs in virology and immunology, today reported financial results for its fiscal first quarter ended December 31, 2023.

Key Points: 
  • Enanta Pharmaceuticals, Inc. (NASDAQ:ENTA), a clinical-stage biotechnology company dedicated to creating small molecule drugs in virology and immunology, today reported financial results for its fiscal first quarter ended December 31, 2023.
  • “In 2024, Enanta began a year which will be marked by execution and value creation across the company.
  • For the three months ended December 31, 2022, total revenue was $23.6 million and was primarily related to royalties on AbbVie’s sales of MAVYRET®/MAVIRET®.
  • Interest expense from the royalty sale was $3.4 million for the three months ended December 31, 2023.

Loop Media Reports 2024 Fiscal First Quarter Financial Results

Retrieved on: 
Tuesday, February 6, 2024

Loop Media, Inc. ("Loop Media" or "Loop®" or the "Company") (NYSE American: LPTV), a leading multichannel streaming CTV platform that provides curated music videos, sports, news, premium entertainment channels and digital signage for businesses, reports financial and operating results for its 2024 fiscal first quarter ended December 31, 2023.

Key Points: 
  • Loop Media, Inc. ("Loop Media" or "Loop®" or the "Company") (NYSE American: LPTV), a leading multichannel streaming CTV platform that provides curated music videos, sports, news, premium entertainment channels and digital signage for businesses, reports financial and operating results for its 2024 fiscal first quarter ended December 31, 2023.
  • 2024 Fiscal First Quarter (December 31, 2023) Financial Results
    Summary Fiscal Q1 2024 vs. Fiscal Q1 2023
    Net loss was $(5.3) million or $(0.09) per share, compared to a loss of $(5.3) million or $(0.09).
  • Gross margin was 35.6% in the 2024 fiscal first quarter compared to 38.4% for the same period in fiscal 2023.
  • The Company will conduct a conference call today, February 6, 2024, at 5:00 p.m. Eastern Standard Time to discuss financial and operating results for its 2024 fiscal first quarter ended December 31, 2023.

First Bancorp of Indiana, Inc. Announces Financial Results

Retrieved on: 
Tuesday, February 6, 2024

This compares to an annualized ROA of 0.64% and an annualized ROE of 11.51% for the corresponding period last fiscal year.

Key Points: 
  • This compares to an annualized ROA of 0.64% and an annualized ROE of 11.51% for the corresponding period last fiscal year.
  • Proceeds from the Company’s $12 million subordinated debt offering and wholesale deposits acquired by the Bank funded additional growth.
  • At 8.11%, First Federal’s tier one capital ratio exceeded the five percent regulatory standard for “well-capitalized” financial institutions.
  • Statements in this release that are not strictly historical are forward-looking and are based upon current expectations that may differ materially from actual results.

Budget Expert Releases Nonpartisan, Plain English Book on Congress, Appropriations, Federal Spending, Taxes, Debt

Retrieved on: 
Monday, February 5, 2024

WASHINGTON, Feb. 5, 2024 /PRNewswire/ -- As House and Senate negotiators struggle to fund federal agencies for the current fiscal year and remain at an impasse over aid for Ukraine and Israel, and shutdowns of federal agencies loom on March 1 and March 8, federal budget expert Charles S. Konigsberg, J.D.

Key Points: 
  • WASHINGTON, Feb. 5, 2024 /PRNewswire/ -- As House and Senate negotiators struggle to fund federal agencies for the current fiscal year and remain at an impasse over aid for Ukraine and Israel, and shutdowns of federal agencies loom on March 1 and March 8, federal budget expert Charles S. Konigsberg, J.D.
  • (founder of Capitol Public Policy LLC), has published a nonpartisan, plain English primer for national news and business media, Members of Congress and staff, federal agencies, attorneys, advocates, the business community, trade associations, nonprofits, academics and students, and the general public.
  • The book also includes concise explanations of two issues with far-reaching implications: recurrent fiscal crises over raising the debt limit (which will again occur at the end of this year) and this term's Supreme Court review of the Consumer Financial Protection Bureau's funding mechanism—a case of immense importance to the financial sector and consumers.
  • In addition, the author's websites Appropriations.com and GovBudget.com , provide up-to-date explanations of ongoing negotiations over federal spending bills including developments on the Ukraine-Israel-U.S. border emergency supplemental package, and the implications of the Fiscal Responsibility Act spending caps which could generate a budget sequester order on April 30, 2024.

Powell Industries Announces Fiscal 2024 First Quarter Results

Retrieved on: 
Tuesday, January 30, 2024

HOUSTON, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the Fiscal 2024 first quarter ended December 31, 2023.

Key Points: 
  • HOUSTON, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the Fiscal 2024 first quarter ended December 31, 2023.
  • Cope, Powell’s Chairman and Chief Executive Officer, stated, “Our first fiscal quarter was very much a continuation of the trends and strong results that we saw in our fourth quarter.
  • Gross profit totaled $48.2 million, or 24.8% of revenue, compared to $52.0 million, or 24.9% of revenue, in the fourth quarter of Fiscal 2023 and compared to $19.5 million, or 15.3% of revenue, in the first quarter of Fiscal 2023.
  • Powell Industries, Inc., headquartered in Houston, designs, manufactures and services custom-engineered equipment and systems for the distribution, control and monitoring of electrical energy.

BRW Announces Notification of Sources of Distributions

Retrieved on: 
Friday, February 2, 2024

Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.

Key Points: 
  • Annual NAV Total Return is the percentage change in the Fund’s NAV over a year, assuming reinvestment of distributions paid.
  • 3Cumulative Total Return is the percentage change in the Fund’s NAV from October 31, 2023 through December 31, 2023, assuming reinvestment of distributions paid.
  • The above distribution was declared in accordance with the Fund’s currently effective managed distribution plan (the “Plan”), whereby the Fund will make monthly distributions to shareholders at a fixed amount of $0.085 per share.
  • No conclusions should be drawn about the Fund’s investment performance from the amount of the Fund’s distributions or from the terms of the Fund’s Plan.